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Collins Aerospace
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Collins Aerospace
Collins Aerospace is an American aviation and defense technology company that is one of the world's largest suppliers of aerospace and defense products. It was formed in 2018 from the merger of Rockwell Collins and UTC Aerospace Systems. Headquartered in Charlotte, North Carolina, it is a subsidiary of RTX Corporation.
On November 26, 2018, United Technologies announced the completion of its Rockwell Collins acquisition, after which it merged its newly acquired business with UTC Aerospace Systems to form Collins Aerospace. This acquisition controversially led to multiple class action lawsuits being filed against the company alleging that the executives deliberately misled its shareholders on the nature of the acquisition.
The new company reported $26 billion of combined sales in 2019 and is composed of 68,000 employees. In 2020 United Technologies merged with Raytheon Company to form Raytheon Technologies, which has since renamed itself to RTX Corporation.
In July 2023, Collins agreed to sell its actuation and flight controls business unit to French multinational Safran in an all-cash deal worth $1.8 billion.
On 24 January 2024, Collins announced an investment of over £16 million at its Kilkeel site in Co Down for developing advanced passenger seating for wide-body and twin-aisle aircraft. This investment was announced by Joe Kennedy III, US Special Envoy to Northern Ireland for Economic Affairs.
Collins Aerospace is engaged in designing, manufacturing and servicing systems and components for commercial aviation, business aviation, military and defense, helicopters, space, airports, and other industries.
Collins Aerospace has six strategic business units: Aerostructures, Avionics, Interiors, Missions Systems, Connected Aviation Solutions, and Power & Controls.
Collins Aerospace was the owner of Ithaco Space Systems, Inc., formerly owned by Goodrich Company and its successor UTC Aerospace Systems. In September 2020, Raytheon Technologies Corp. (NYSE: RTX) completes the sale of its electro-optics technology business headquartered in Danbury, Connecticut to AMERGINT Technologies Holdings, Inc. (ATH). The business is renamed Danbury Mission Technologies (Danbury). Andreas Nonnenmacher, President of Danbury Mission Technologies, concurrently assumes responsibilities as President of ATH. The business is reported to have 530 employees at the time of its acquisition.
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Collins Aerospace
Collins Aerospace is an American aviation and defense technology company that is one of the world's largest suppliers of aerospace and defense products. It was formed in 2018 from the merger of Rockwell Collins and UTC Aerospace Systems. Headquartered in Charlotte, North Carolina, it is a subsidiary of RTX Corporation.
On November 26, 2018, United Technologies announced the completion of its Rockwell Collins acquisition, after which it merged its newly acquired business with UTC Aerospace Systems to form Collins Aerospace. This acquisition controversially led to multiple class action lawsuits being filed against the company alleging that the executives deliberately misled its shareholders on the nature of the acquisition.
The new company reported $26 billion of combined sales in 2019 and is composed of 68,000 employees. In 2020 United Technologies merged with Raytheon Company to form Raytheon Technologies, which has since renamed itself to RTX Corporation.
In July 2023, Collins agreed to sell its actuation and flight controls business unit to French multinational Safran in an all-cash deal worth $1.8 billion.
On 24 January 2024, Collins announced an investment of over £16 million at its Kilkeel site in Co Down for developing advanced passenger seating for wide-body and twin-aisle aircraft. This investment was announced by Joe Kennedy III, US Special Envoy to Northern Ireland for Economic Affairs.
Collins Aerospace is engaged in designing, manufacturing and servicing systems and components for commercial aviation, business aviation, military and defense, helicopters, space, airports, and other industries.
Collins Aerospace has six strategic business units: Aerostructures, Avionics, Interiors, Missions Systems, Connected Aviation Solutions, and Power & Controls.
Collins Aerospace was the owner of Ithaco Space Systems, Inc., formerly owned by Goodrich Company and its successor UTC Aerospace Systems. In September 2020, Raytheon Technologies Corp. (NYSE: RTX) completes the sale of its electro-optics technology business headquartered in Danbury, Connecticut to AMERGINT Technologies Holdings, Inc. (ATH). The business is renamed Danbury Mission Technologies (Danbury). Andreas Nonnenmacher, President of Danbury Mission Technologies, concurrently assumes responsibilities as President of ATH. The business is reported to have 530 employees at the time of its acquisition.